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gump90

02/07/11 1:22 PM

#130389 RE: ShortonCash #130387

I have no REE experience but I can do D D as well as most people. And the market is going to tell us how good the new numbers are if we ever get them. It will not take long. The market flies on jets, not mule trains.
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B402

02/07/11 2:00 PM

#130406 RE: ShortonCash #130387

Can you give a limits of nonminable deposit

Here.....

From my looking at various REE-related stocks it is customary to report them as total rare earth oxides (TREO) and then break out the heavy reare earth oxides (HREO).

KATX sampeld a 10 m interval for which we have current results and wihtin that interval they had 7.5 m that had elevated REEs as well as other incompatible elements. For example, Ru, Zr, and Nb, while not REEs are incompatible and commonly associated with other incompatible elements, such as REEs - which is why they probably reported them.

La and Ce are light rare earth elements (LREEs), which explains why the TREOs are more LREO enriched.

I really do not know what concentrations of the other incompatible elements would be considered good, but at this point I just want to see high TREO (at least 2%) with half of that being HREOs.

IMO this would be good to advance the program at RR for REEs. If they had 0.5% to 2% TREOs over thick intersections, that would also push the project forward IMO. They described a thick intersection, so there are potential zones that are preferrentially enriched. That is what I am waiting on.

I hope this answers some of your questions wrt RR and its potential REEs. I would think that results will be released in the coming weeks, if not sooner.

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Company numbers to date, Short of .5% TREO min,,,but

The 7.5m width
0.164% TREO
0.051% HREO
0.113% LREO

0.268% zirconium dioxide
0.039% Nb205
0.022% rubidium
lanthanum..(LREO
cerium..(LREO
zircon

Ballpark figures
These are big boy numbers
4.0% TREO
2.0% HREO

Anything here would be Good to great
2.00 to 4.00% TREO (or more)
1.00 to 1.32% HREO (50% of 2.0 and 33% of 4.0)

These results are hopeful enough to justify future exploration
0.5 to 2.0% TREO
0.165 to 0.66% HERO (33% of treo)

Over thick intersections above 10m.
HREO's are very important



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mappo

02/07/11 2:38 PM

#130429 RE: ShortonCash #130387

ShortonCash ....Good question.

Results for RR's hole #2 yet to be seen.
For REE,
at what % to be mineable also yet to be deternined by the market & situations.
Just like water in the SAHARA DESERT, its priceless.
When industries are desperate enough, will determine what % is mineable.
So far we know that China will eventually running out of REE for exporting.
In fact China is shutting down some REE mines due to environmental concerns.
That's why the price right now for REE is going up through the roof.
Newfoundland is proven to have REE,
The future is looking GREAT.